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Bullboard - Stock Discussion Forum Cadillac Mining Corporation CQXFF

GREY:CQXFF - Post Discussion

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Post by FANTOMAS on Apr 11, 2012 4:31pm

PP price

SupplyChainGuru: "...and i am super impressed they got it done at .20!!!"

You´re joking, right ? Since the discovery NR there was only one day when CQX was trading below
.20 (Feb. 29). To arrange a PP @ 0.20 was the absolute minimum I was expecting. Something between
.25 and 0.30 would have been acceptable, everything ABOVE
.30 would have been impressive.

So, I don´t share your "super impressed" feeling on the PP price, SCG.

FANTOMAS

Comment by RogueWolf on Apr 11, 2012 11:22pm
.25-.30 would have indeed been fairly easy to pull off if the timing had been right.  Would have benefited us investors who cant get into the PP with less dilution thats for sure.  That being said if insiders end up taking a large chunk of the action its in their benefit to have it slightly lower as they accumulate more shares. Regardless it took a while to get this news out....they were ...more  
Comment by fpellegrino10 on Apr 12, 2012 12:04pm
Im kind of surprised of the lack of volume today, as it none...especially with the news and on a good day of the market, guess were just going to have to wait and see..
Comment by RogueWolf on Apr 12, 2012 12:16pm
Bids are finally moving up from .21. People probably just dont want to pay a 20% premium to the price of the placement....kind of sucks that a certain group is privvy to the discount but all in all hitting the asks at .235 is by no means a bad deal. Personally I cant wait to see what kind of results start turning up, this is a fantastic property led by a "supergroup" of mining ...more  
Comment by fpellegrino10 on Apr 12, 2012 1:51pm
I agree with you, its not a bad purchase at .235, the problem is there is no volume and no one wants to buy it when the bid is at .22...waste of a day, but still, in the long run itll be worthwhile..